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News
December 9, 2013

In the News Today – December 9, 2013

Indiana lawmakers are considering regulations for lawsuit loans. The practice is currently unregulated in the state, allowing lenders to charge high interest rates to borrowers. Fort Wayne Journal Gazette

Former DOJ chief operating officer David Ogden said that the government is paying an excessive amount to whistleblowers under the False Claims Act. In October, ILR released a white paper authored by Ogden and Peter Hutt that contained a number of recommendations for the FCA. Corporate Counsel

The administrator of the gulf oil spill fund has confirmed that he approved a $173,000 payout to an “adult escort service.” BP says the company’s claim was filed with unsigned and undated documents in another example of the fund paying millions of dollars for fictitious and inflated claims. Wall Street Journal ($)

Supreme Court Qui Tam Action Blog Supreme Court to Review Qui Tam Action Dismissal Standards  False Claims Act (FCA) litigation funders, beach scene Blog Sun, Sea, but no Sand(box) for Florida Lawsuit Investors Lawsuit Lending, Third Party Litigation Funding (TPLF) Blog Law 360 Expert Analysis: "False Claims Act Proposal Is Unfair And Would Hinder Economic Growth" False Claims Act (FCA) News New Blog: Funders And Claimants’ Lawyers Continue To Feast On Class Members’ Compensation International Initiatives, Lawsuit Lending, Third Party Litigation Funding (TPLF) U.S. Department of Justice building in Washington D.C. News Reuters "Has An Investor-Backed FCA Whistleblower Reached The End of the Road?" False Claims Act (FCA)

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